$2,385,000 Active
1402 Oxen Run Road
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
5 Beds
·
3.0 Baths
·
2,906 Sq Ft
Virtual Tour

About This Property

A Thoughtfully Reimagined Northstar Retreat! Surrounded by towering pines and bordered by open space on three sides, this extensively remodeled Northstar retreat offers a rare combination of privacy, architectural warmth, and modern mountain comfort — all within walking distance of Northstar Village. Thoughtfully redesigned and meticulously maintained by the owner — a licensed General Contractor — the home reflects an exceptional level of craftsmanship and intentionality throughout. Every detail has been carefully curated to create a sophisticated yet welcoming alpine retreat designed for effortless year-round living. Vaulted cedar ceilings, expansive walls of glass, and wide-plank hickory flooring bring warmth and natural light into the home’s dramatic gathering spaces. The open-concept floorplan flows seamlessly between the remodeled kitchen, dining area, and great room, creating an ideal environment for entertaining, relaxing, and connecting after a day in the mountains. Custom alder millwork, designer lighting, heated tile flooring, upgraded baths, and modern metal railings elevate the interior aesthetic while preserving the timeless character of a true Tahoe mountain home. Outdoor living is equally compelling, with expansive Trex decks, multiple lounge areas, a private hot tub, sauna, and peaceful forest surroundings that create an immersive connection to nature. The setting offers exceptional privacy and direct access to the outdoors, with nearby connections to the Northstar Village trail system, Big Springs Trail, the Tahoe Rim Trail, Watkins Lake hiking access, and winter snowshoeing right from the property. A convenient trail connection behind the home provides walkable access to Northstar Village for dining, shopping, skiing, and year-round recreation. Adding to the home’s unique character, the historic “Oxen Run” trail — once used by oxen pulling timber for early mining operations — runs just behind the property, offering a rare connection to Northstar’s early mountain history. Designed for both luxury and livability, the home also includes numerous infrastructure and comfort upgrades, including heated rain gutters with a professionally engineered aluminum rail system, electric bear deterrent cables, dual high-efficiency furnaces, primary suite air conditioning, automated blinds, EV charging, upgraded lighting systems, reengineered driveway improvements, and extensive owner-completed enhancements throughout. Offered furnished and move-in ready, this is a rare opportunity to own a truly turnkey Northstar residence where craftsmanship, comfort, history, and mountain lifestyle come together seamlessly.

Listed by Jenna Belden — COMPASS

Listing Details

Status Active
MLS # 20260830
Days on Market 1
Price/Sq Ft $821

Property History

May 15, 2026
Listed for sale
$2,385,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,906
Lot Size 0.29 acres
Stories 3
Year Built 1984
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 110-200-019
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub,Sauna
Lot Features Upslope
View Wooded
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH,Wood Stove
Financial
HOA Fee $1,700
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Down Hill Skiing,Exercise Equipment
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1402 Oxen Run Road, Truckee

Est. Annual Revenue
$71,974
Avg Nightly Rate
$843
Projected Occupancy
23.3%
Cap Rate
1.2%
Structural Score: 60 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($477,000)
Home price
$2,385,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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